quarterlys, page-2

Hey Donna, Wondering myself who the lucky one was.

On top of the 50-76 million lbs U3O8 at Lance, its good to read things like this,

"follow up drilling on many of the widely spread holes that did intersect mineralization was minimal. All factors indicating significant upside potential in these areas through further work."

Maybe 100+ million lbs at lance will be acheived after all, bring on the drilling.

Also of interest

"In order to consoliate focus on the advanced Lance and Karoo projects the company is looking at options to farm out or sell the south australian and western australian uranium projects. This will ensure funds are directed to the two projects most likely to develop uranium production in the short to medium term".

With the recent sale of Rios Kintyre project, I had a feeling this might come into play. Ensure funding for the two world class projects, sounds like a good move to me.

Cheers NK